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Contract 2020-009A#2020-09-A AGREEMENT BETWEEN THE CITY OF CLERMONT, FLORIDA AND LAKE COUNTY WATER AUTHORITY FOR CLERMONT BOAT RAMP FUNDING THIS AGREEMENT is entered into by and between Lake County Water Authority, a Special Taxing District of the State of Florida, hereinafter the "LCWA," and the City of Clermont, a Florida Municipal Corporation, hereinafter referred to as "CITY." WHEREAS, LCWA was created for, among other things, the purposes of controlling and conserving the freshwater resources of Lake County and fostering improvements to streams, lakes, and canals in Lake County; and WHEREAS, CITY has designed and is constructing a public use boat ramp on Lake Minneola (the "Project") in the best interests of the citizens of the City of Clermont and has committed $1,500,000 to the construction thereof; and WHEREAS, the Board of County Commissioners of Lake County, Florida, has committed $750,000 toward the design and construction of the Project by the CITY; and WHEREAS, the LCWA is desirous of contributing $250,000 to the CITY to be used to fund the construction of the Project. NOW, THEREFORE, IN CONSIDERATION of the mutual terms, understandings, conditions, promises and covenants set forth herein, the parties agree as follows: 1. Recitals. The foregoing recitals are true and correct and incorporated herein by reference. 2. The Project. The project approved for funding pursuant to this agreement is identified as follows: Project Name: Clermont Public Use Boat Ramp Project Location: City of Clermont Waterfront Park & Lake Minneola Project Description: A public use boat ramp to provide recreational vessel access to Lake Minneola. 3. Funding. LCWA shall provide to CITY, upon written request from CITY, funding in the amount of TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000). 4. Use of Funds. The funds provided hereunder shall only be used by CITY for the design and construction of the Project 5. Reporting Requirements. Upon request of LCWA, CITY shall provide LCWA with a status report on the Project. 6. Term. The term of this Agreement shall be for a period from the date of this Agreement until the Project is completed by CITY. 7. General Provisions. A. Notice. Wherever provision is made in this Agreement for the giving, service or delivery of any notice, statement or other instrument, such notice shall be in writing and shall be deemed to have been duly given, served and delivered, if delivered by hand or mailed by United States registered or certified mail, and addressed as follows: LCWA Michael J. Perry Executive Director 27351 State Road 19 Tavares, Florida 32778 CITY Darren Gray City Manager 685 West Montrose Street Clermont, Florida 34711 Each party may change its mailing address by giving to the other party, by hand delivery, United States registered or certified mail, notice of election to change such address. B. Modification. No modification, amendment, or alteration of the terms or conditions contained herein shall be effective unless contained in a written document executed by the parties hereto, with the same formality, and of equal dignity herewith. C. Severance. The invalidity or unenforceability of any particular provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provisions were omitted. D. Scope of Agreement. This Agreement is intended by the parties to be the final expression of their Agreement, and it constitutes the full and entire understanding between the parties with respect to the subject hereof, notwithstanding any representations, statements or agreements to the contrary. This Agreement supersedes and replaces the Previous Agreements between the parties. E. Entire Agreement. This Agreement, together with any exhibits or attachments hereto constitutes the entire agreement between the parties and incorporates all discussions between the parties. This Agreement may not be amended or modified except by a writing signed by the party to be charged. IN WITNESS WHEREOF, the parties hereto have made and executed this Agreement on the respective dates under each signature. ii f►►►s4 CITY Pj CLERMONT not /1 ;, •, racy.Ack owe, City Clerk D Date: Attest: LAKE Ot Amy Stone, Date: i i Cill Manager 51aoaD WATER AUTHORITY Z /1 r? v